TOKEN2049: Arthur Hayes Presents Case for $1 Million Bitcoin Price by 2028

Arthur Hayes targets $1M Bitcoin by 2028, seeing U.S. liquidity policy as the primary catalyst. Hayes explains U.S. liquidity boosts, like 2022’s QE, will likely fuel Bitcoin’s path to $1M. Ark Invest, Jack Dorsey among experts joining Hayes’ call for $1M+ Bitcoin this decade. BitMEX co-founder Arthur Hayes told TOKEN2049 attendees in Dubai that Bitcoin could reach $1 million by 2028. He cited rising U.S. deficits and the likelihood of renewed money printing as major catalysts. Hayes also expressed optimism for a wider market rally across crypto and equities. During his keynote at TOKEN2049, Hayes said , “It’s time to go long everything,” referencing cryptocurrencies and stocks. He argued that the U.S. government will be forced to inject more liquidity into the financial system through mechanisms similar to quantitative easing. Hayes Says Liquidity Will Drive Bitcoin to $1 Million Hayes likened the current macro setup to late 2022 — a period dominated by high interest rates and uncertainty after the FTX collapse, yet followed by a swift asset recovery once the U.S. activated its $2.5 trillion repo program. Related: Bitcoin Breakout Watch: RSI … The post TOKEN2049: Arthur Hayes Presents Case for $1 Million Bitcoin Price by 2028 appeared first on Coin Edition .

Source: Coin Edition